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Home Prices in Sarasota, FL for March 2015
Home Prices in Sarasota, FL for March 2015
Real estate market data for Sarasota, FL provided by Keith Kropp of J Wood Realty.
 
Sarasota Home Prices 
The Sarasota Real Estate Market sales increased in March as activity continues to accelerate.  Pending sales (an indicator of future closings) also increased while the number of homes on the market decreased slightly.   In March 1201 homes closed in Sarasota County, 789 single family homes and 412 condos.
 
"These are fantastic sales numbers, and certainly welcome news and evidence that the market remains on a good roll," said Realtor Association President Staffford Starcher.  "The Sarasota County total was very near the all-time one month high sales figure of 1,228 that we saw in April 2004, and we are now well ahead of the record pace of sales experienced in 2014." 
 
The median sales price for a single family home was $207,500, up from February of 2015 when the median price was $196,000. The median sales price for a condo was $180,475 down from February 2015 when the median sales price was $187,500.
 
While home prices continue to increase, they have definitely moderated.  Most experts currently seem to agree that a 3% to 5% increase  is more likely this year.  A 3% to 5% increase is a return to ... more

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